2016 GMD to ARS Historical Review

YEARLY HIGH

0.4017 ARS

YEARLY LOW

0.3228 ARS

YEARLY AVERAGE

0.3517 ARS

2016 GMD to ARS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the GMD to ARS exchange rate experienced significant fluctuation. The market reached its absolute peak on March 1, valuing the pair at 0.4017. Conversely, the yearly low was recorded on June 15, dropping to 0.3228.

This high-to-low spread represents a total annual volatility of 0.0789 ARS. From a start-to-finish perspective, comparing the January average rate of 0.3433 to the December average rate of 0.3700, the exchange rate registered a net change of 7.77% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.4017 was up 19.37% compared to the 2015 peak of 0.3366, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 GMD based on timing:

Yearly Peak High 2,009 ARS

2015 Average 1,129 ARS

Yearly Trough Low 1,614 ARS

Transaction Impact: A difference of 394.54 ARS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.3792

0.3259

JanuMarcMayJulySeptNove

GMD to ARS Seasonal Trends & Volatility Analysis

A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.

Seasonal Halves (H1 vs H2)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 0.3475, compared to 0.3560 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0085 points.

H1 Avg (Jan–Jun) 0.3475

H2 Avg (Jul–Dec) 0.3560

Volatility Range Comparison

Volatility

The most volatile month in 2016 was March, with a trading range of 0.0625 ARS (High: 0.4017 / Low: 0.3392). On the other end, October was the most stable month, with a tight range of 0.0061 ARS (High: 0.3605 / Low: 0.3544).

March Spread (Volatile) ±0.0625

October Spread (Stable) ±0.0061

Growth Streaks & Declines

Trends

Between August and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0303 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0303

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2016: 0.3677) against the same month in 2015 (average: 0.2040), the exchange rate shifted by +0.1637 (+80.23%).

2016 Avg (March) 0.3677

2015 Avg (March) 0.2040

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.3526	0.3276	0.3433
February	0.4006	0.3565	0.3748
March	0.4017	0.3392	0.3677
April	0.3461	0.3290	0.3374
May	0.3351	0.3252	0.3303
June	0.3557	0.3228	0.3314
July	0.3529	0.3407	0.3490
August	0.3534	0.3416	0.3479
September	0.3608	0.3503	0.3543
October	0.3605	0.3544	0.3558
November	0.3670	0.3512	0.3591
December	0.3770	0.3623	0.3700